Yesterday marked an important turning point for housing finance. The Federal Reserve voted on a final Basel III rule that is significantly friendlier to residential housing finance than the earlier proposal. While the FDIC and OCC must still vote … [Read more...]
Consumer Inflation: Latest Data and Outlook
In each Economic Update, the Research staff analyzes recently released economic indicators and addresses what these indicators mean for REALTORS® and their clients. Today’s update discusses the consumer price index. No inflation to speak of in May, … [Read more...]
Producer Price Index and Inflation Outlook
In each Economic Update, the Research staff analyzes recently released economic indicators and addresses what these indicators mean for REALTORS® and their clients. Today’s update discusses the latest producer price index and an outlook for … [Read more...]
Foot Traffic: Del Rio Board of REALTORS® (Del Rio, TX)
Foot traffic can give a strong indication of future home sales. SentriLock, LLC. provides NAR Research with monthly data on the number of showings. Foot traffic in the area covered by the Del Rio Board of REALTORS® (Del Rio, TX) has been consistently … [Read more...]
Impact of Rising Mortgage Rates on Home Sales
Mortgage rates will continue to rise. They will probably be near 5 percent by this time next year, compared to the 3.5 percent average of the past 12 months. The rates will be even higher in 2015 and 2016. Certainly, rising rates are bad news for … [Read more...]
Price Recovery Strongest in Non-Judicial States
The price recovery continued to gain momentum in the 1st quarter of 2013. The strongest gains relative to the same time period in 2012 were concentrated in the sand states as well as the industrial Midwest, both of which were hit hard during the … [Read more...]
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